Reed Unit

Oil & Gas Property in Shelby County, TX

Property Summary

Key data points for Reed Unit

CountyShelby County, TX
OperatorSHERIDAN PRODUCTION CO III, LLC
Production DatesApr 2002 - Jan 2024
Total Oil Production20,689 BBLs
Total Gas Production1,520,878 MCF
Recent Oil Production480 BBLs in Dec 2023
Recent Gas Production3,373 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Reed Unit

ShaleAssessment

$9,270 *

MarketMultiple

$29,222 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Reed Unit Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Reed Unit
from Apr 2002 to Jan 2024

Wells on Reed Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-419-30821REED UNIT 1SHERIDAN PRODUCTION CO III, LLCProducingShelby County, TX31.768490-94.362808
42-419-31134REED UNIT 2SHERIDAN PRODUCTION CO III, LLCTemp AbandonedShelby County, TX31.770030-94.355001

Leases included in Reed Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-188712REED UNIT 1SHERIDAN PRODUCTION CO III, LLCShelby County, TX
06-221962REED UNIT 1SHERIDAN PRODUCTION CO III, LLCShelby County, TX
06-236557REED UNIT 2SHERIDAN PRODUCTION CO III, LLCShelby County, TX
06-265530REED UNIT 2SHERIDAN PRODUCTION CO III, LLCShelby County, TX

Nearby Properties

These are the closest 20 properties to the Reed Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AdamsShelby County, TX36 BBLs18,847 MCFJan 2024
ArcoShelby County, TX48 BBLs1,582 MCFJan 2024
BP Ethridge 971Shelby County, TX0 BBLs2,637 MCFJan 2024
BP Georgetown 885Shelby County, TX0 BBLs5,935 MCFJan 2024
Carlton Gas UnitShelby County, TX0 BBLs1,178 MCFJan 2024
CaseShelby County, TX0 BBLs2,354 MCFJan 2024
CrawfordShelby County, TX6 BBLs2,082 MCFJan 2024
Franks EstateShelby County, TX13 BBLs8,483 MCFJan 2024
Franks Lawrence TShelby County, TX7 BBLs2,685 MCFJan 2024
GriffinShelby County, TX250 BBLs16,376 MCFJan 2024
HancockShelby County, TX0 BBLs0 MCFJul 2020
Howard AShelby County, TX7 BBLs1,372 MCFJan 2024
JonesShelby County, TX127 BBLs14,376 MCFJan 2024
Oliver UnitShelby County, TX143 BBLs12,911 MCFJan 2024
PateShelby County, TX7 BBLs3,369 MCFJan 2024
PolleyShelby County, TX106 BBLs567 MCFJan 2024
Ramsey UnitShelby County, TX3 BBLs6,723 MCFJan 2024
SamfordShelby County, TX0 BBLs1,478 MCFJan 2024
Sickel 1Shelby County, TX0 BBLs0 MCFDec 2017
Thomas Gas UnitShelby County, TX0 BBLs291 MCFJan 2024

Owners of Reed Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023SHERIDAN PRODUCTION CO III LLCREED #1SHERIDAN PROD COMP
2023KAISER-FRANCIS OIL COREED #1SHERIDAN PROD COMP
2023SHERIDAN PRODUCTION CO III LLCREED #2SHERIDAN PROD COMP
2023GRANT NEIL & JACKIEREED #1SHERIDAN PROD COMP
2023DESERT PARTNERS IV LPREED #1SHERIDAN PROD COMP
2023WILLIAMS FRANCES LREED #1SHERIDAN PROD COMP
2023WHEELER GILBERT G & KATHRYNREED #1SHERIDAN PROD COMP
2023GEE JOHNNY MIKEREED #1SHERIDAN PROD COMP
Displaying 8 of 79 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Reed Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-236557REED UNIT 2Nov 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Nov 2023SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Nov 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Nov 2023SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Oct 2023SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Oct 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Oct 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Oct 2023SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Sep 2023SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Sep 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Sep 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Sep 2023SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Aug 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Aug 2023SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Jul 2023SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Jul 2023SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Jul 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Jun 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Jun 2023SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1May 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1May 2023SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Apr 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Apr 2023SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Mar 2023SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Mar 2023EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC